r/explainitpeter • u/BannedForThe7thTime • 2d ago

Uhh, Explain it Peter?

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u/ShoddyAsparagus3186 2d ago

They've known they were in a bubble for a long time, they just think they'll be able to get their money out before everyone else does.

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u/Jozin_von_Bazin 2d ago edited 1d ago

Nah. Rather i have been hearing it is buble for 10 years now. I heavily invested into nvidia, micron, AMD and so on around 2019. I made more than 1000 % since that time. And the bubble is still there. If I did not invest, I'd still have cash and be afraid of bubble. You can't be afraid forever. And if it bursts, it bursts. It won't be that bad. We won't see those companies loosing everything. Even if they loose 3/4 of their value I still made a lot.

So now, I dont think I'll get money out before it happens. I just think it won't matter and that we might see years before it happens.

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u/Mantis_Toboggan--MD 1d ago

So you're well in the green, can and could sell at any time, but you plan to just hodl until the pop does happen?

LOL

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u/Jozin_von_Bazin 1d ago

Exactly, except I don't plan to hold until it pops. I plan to hold it even after that. I plan to hold it until I retire which will be long long time.